Where is doge going?

14 de mai. de 2022

A long resistance line formed at the weekly time frame. This resistance line was broken up by the weekly candle on March 21,2022.According to the technical patterns,we expected the price to rise up to 35 cents after this event,but this did not happen due to the increase in interest rates by the federal reserve and the widespread collapse of financial markets.After the failure of the LUNA and the bitter alms we saw in the UST project,it re-tested the significant support price of 6.89 cents.In case of price recovery,the first important resistance is formed in the area 16.5 cents.The next resistances are marked on the chart.the most important support is the 7-cent range.